Richard Yu introduced the &#34;Three Realms&#34; new cars co-developed by Huawei and car manufacturers in one go.
On the afternoon of August 26th, Huawei's HarmonyOS Smart Mobility new product launch event was held in Chengdu. Richard Yu, Executive Director of Huawei, Chairman of the Terminal BG, and Chairman of the Intelligent Automotive Solutions BU, successively introduced multiple intelligent new energy vehicle models under the brands Enjoy Realm co-developed with BAIC Blue Valley, Aito Realm co-developed with Seres, and Smart Realm co-developed with Chery.
Richard Yu revealed that the Enjoy Realm S9 achieved a breakthrough of over 8,000 units in sales within 20 days of its launch. He also disclosed that Aito Realm's new M7 Pro incurs a loss of nearly RMB 30,000 for each car sold. Furthermore, Richard Yu stated that Huawei welcomes Tesla's FSD (Full Self-Driving) to enter China for competition, aiming to improve and perfect together.
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On August 26th, Huawei's HarmonyOS Smart Mobility new product launch event was held in Chengdu, showcasing multiple new cars.
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Richard Yu introduces the &#34;Three Realms&#34; new cars co-developed by Huawei and car manufacturers.
<h2>Enjoy Realm S9 marks a &#34;start beyond expectations&#34;</h2>
Recently, the Enjoy Realm S9 new model has attracted attention due to high-speed downhill tests by self-media. Richard Yu announced that within 20 days of its launch, the Enjoy Realm S9 achieved a significant breakthrough of over 8,000 units, marking a &#34;start beyond expectations&#34;. Richard Yu previously revealed at the first batch user delivery ceremony of Enjoy Realm S9 in Shanghai that by the end of October to November 2024, the Enjoy Realm S9 will receive a significant software update, with AI technology achieving an end-to-end comprehensive upgrade, and the new car's autonomous driving capability will be elevated to a new level.
Richard Yu also mentioned that the Enjoy Realm S9 uses Huawei's Qinkun Intelligent Driving ADS 3.0, which is the &#34;strongest intelligent driving on Earth&#34;, and will undergo a major version update in November.
The Enjoy Realm S9 luxury sedan co-developed by BAIC Blue Valley and Huawei was officially launched on August 6th, with two versions: Max version priced at RMB 399,800 and Ultra version priced at RMB 449,800
Beiqi Blue Valley Secretary Zhao Ji recently told a reporter from the Shanghai Securities News that the current division of labor for the Xiangjie S9 new car business is that Huawei is responsible for sales, while Beiqi is responsible for production. Beiqi Blue Valley has high expectations for the success of the Xiangjie car. The company's Beijing Miyun factory currently has an annual production capacity of 120,000 vehicles. If the sales of Xiangjie are good in the future, the factory can increase production. &#34;We are willing to allocate resources, do things well, and achieve the success of the first cooperative model.&#34;
On August 25th, the official account of Xiangjie Automobile issued a statement, stating that it has noticed that some self-media have conducted high-speed slope &#34;tests&#34; on the Xiangjie S9 on public roads, claiming that after the vehicle flew off the slope, &#34;it could not maintain straight-line driving and the whole vehicle leaned to one side,&#34; sparking a lot of online discussions. This conclusion is not objective and rigorous.
<h2>Aito's new M7 Pro loses 30,000 yuan for each car sold</h2>
In addition to introducing the cooperation between Huawei and Beiqi Blue Valley, Richard Yu also introduced the cooperation between Huawei and Sailes. Richard Yu revealed that the cost of Aito's new M7 Pro is very high, with money spent in invisible areas. Priced starting at 249,800 yuan, currently, the company loses nearly 30,000 yuan for each car sold.
This is not the first time Richard Yu has mentioned the high cost of Hongmeng Intelligent Driving models. In April 2024, he wrote: &#34;We have invested a lot in intelligent driving technology. Huawei's high-end intelligent driving models priced below 300,000 yuan are actually sold at a loss.&#34;
At the 2024 China Automotive Blue Book Forum in June 2024, Richard Yu revealed that most of the Hongmeng Intelligent Driving models priced below 300,000 yuan are basically losing money, but fortunately, high-end products account for over 80%. From January 1 to June 9, 2024, Hongmeng Intelligent Driving sold 159,100 units with an average selling price of nearly 400,000 yuan. Consumers prefer to choose the high-end versions, so Huawei and its cooperative car companies can still make a profit.
The Aito new M7 Pro is equipped with Huawei's ADS basic version, supporting NCA intelligent driving navigation assistance (covering national highways and urban expressways), AEB active safety, and intelligent parking assistance. The car has dimensions of 5020x1945x1760 mm, a wheelbase of 2820 mm, and is a plug-in extended-range hybrid model.
He Liyang, President of Sailes Automobile, introduced at the Huawei Hongmeng Intelligent Driving new product launch event that Sailes has completed upgrades such as production line upgrades. The delivery cycle of Aito's new M7 Pro will reach an industry-leading 2 to 4 weeks.
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Richard Yu compares the performance of Huawei's Aito new car with Tesla, Li Auto, and other new cars on-site
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Sailesi Motors President He Liyang introduces that the delivery period for the Aito new M7 Pro will reach 2-4 weeks.
<h2>Richard Yu welcomes Tesla's full self-driving</h2>
On August 6th, Richard Yu stated at the Hongmeng Zhihang Enjoy S9 and Huawei Full-Scene New Product Launch that more and more users prefer to use Huawei's intelligent driving system. By May 2024, Huawei's intelligent driving system had already reached 220 million kilometers, and now it has exceeded 460 million kilometers. In just two months, the data has doubled and more, making intelligent driving the new norm.
At the event, Richard Yu also commented on Tesla's FSD, stating that the commercial version has made significant progress, with a high upper limit but also a very low lower limit. &#34;When we tested it, it didn't slow down and directly hit the stationary white truck on the road, and also the green truck, without slowing down, also hit it.&#34;
&#34;We always have shortcomings that need continuous improvement and enhancement. Last time at the event, I mentioned several testing scenarios of Tesla, which may not have been very rigorous.&#34; On August 26th, Richard Yu corrected his previous comments on Tesla's FSD. He stated that Tesla's FSD is an excellent intelligent driving system, welcoming Tesla to enter China and compete with everyone, jointly improve and perfect, and provide a better intelligent driving system for Chinese users together.
&#34;Everyone competes, learns from each other, progresses together, and improves together, providing services for the upgrading of China's intelligent automotive industry towards the intelligent and connected era.&#34; Richard Yu said.
Authors: Yu Liyan, Feng Xinyi, Source: Shanghai Securities News, Original Title: &#34;Richard Yu, Promoting 'Sanjie'&#34;

HUAWEI

Huawei's Executive Director Richard Yu introduced three new intelligent new energy vehicle models developed in collaboration with BAIC Blue Valley, Sailesi, and Chery at a conference in Chengdu. These models are Xiangjie, Wenjie, and Zhijie. Among them, the Xiangjie S9 achieved a breakthrough of over 8,000 units within 20 days of its launch. Richard Yu welcomed Tesla's FSD entry into the Chinese market to jointly promote the development of smart cars. It is expected that the Xiangjie S9 will undergo a significant software upgrade between October and November 2024 to enhance its autonomous driving technology

Richard Yu, promoting "Three Realms"